Quote from: dwyane36 on March 30, 2023, 07:21:06 PM

Quote from: Betwrong on March 28, 2023, 02:03:20 PM

Yep, I think so too. There was time in 2018 when FUN token costed $0.19. And I'm not talking about the initial pump, $0.34 on the 1st of July 2017, I'm talking about the time more than a year later, when after dropping to $0.013 in November 2017 FUN token had risen to $0.19 in September 2018. Since FUN is not dead and has over $70 million trading volume, it can be somewhere around $0.20 in the future again. I'm not encouraging you to start investing in FUN token all your money, but investing a dollar or two, why not? Just for fun.

$71 million is the current market cap of the FUN token, while the daily trading volume is less than $1 million. Honestly, it seems unrealistic to me that the FUN token can grow up to 20 cents in the future. I assume that even 5 cents per token might be a very difficult task, given the current situation in the altcoin market. The developers would probably have to either come up with some new unique updates for the token or find a new way to significantly reduce the circulating supply.

Well, I know from the history of Bitcoin that in the beginning no one believed it could be somewhere around 1 USD, and when BTC reached $1 in April 2011 there was a crash after that because people thought it was a temporary thing. We all know what happened several years later. So, yeah, if developers will come up with some new unique updates, or for some other reasons(and I don't think it will be the reducing of circulating supply), FUN token still can reach many ATHs in the future. In the world of crypto we just can't be sure about anything.